Published on 11/15/2011 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $11.8 million leveraged index-linked notes on S&P 500
By Jennifer Chiou
New York, Nov. 15 - Goldman Sachs Group, Inc. priced $11.8 million of 0% leveraged index-linked notes due May 17, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, up to the maximum settlement amount of $1,313.50 per $1,000 principal amount of notes.
Investors will be exposed to any losses.
Goldman Sachs & Co. is agent.
Issuer: | Goldman Sachs Group, Inc.
|
Issue: | Leveraged index-linked notes
|
Underlying index: | S&P 500
|
Amount: | $11,795,000
|
Maturity: | May 17, 2013
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 300% of any index gain, capped at 31.35%; exposure to losses
|
Initial index level: | 1,239.69
|
Pricing date: | Nov. 10
|
Settlement date: | Nov. 18
|
Agent: | Goldman Sachs & Co.
|
Fees: | 0.1%
|
Cusip: | 38146R527
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.